Page 15 - GS220902

IndustryUpdate

Tilled, AEVI team up sheet, before retiring in 2019. He took the reins from
Ranqx’s founding chairman Sir Ralph Norris, ex-CEO
Payfac-as-a-service startup Tilled partnership with pay- of Commonwealth Bank of Australia. Norris' steward-
ments technology company Aevi to further expand ship saw the launch of the Ranqx insights platform in
omnichannel and card-present functionality for its cus- 2015 and the 2019 strategic pivot into solving the friction
tomers. Tilled and Aevi said this partnership positions within SMB lending for banks.
them for long-term growth together, as they work to
empower ISVs and vertical software companies seeking SRM welcomes Marion King
to monetize their payments. Beginning with five- and
seven-inch Android solutions with expanded hardware Strategic Resource Management appointed Marion King
offerings to come, Aevi’s platform allows Tilled to fur- to its international advisory board. King’s 25 years'
ther offer white-label functionality to its partners, the experience, leadership roles at Mastercard, Vocalink and
partners noted, adding that each terminal can be cus- Reuters, as well as several other non-executive director
tomized with a partner’s branding, creating a seamless positions, are expected to help SRM and its European
payment experience for merchants and end-users. arm, SRM Europe, better serve financial institutions
across the globe.
ACQUISITIONS VizyPay promotes three women

J.P. Morgan to acquire Renovite Payment processor VizyPay said it elevated three expe-
rienced and dedicated women leaders to its senior team.
J.P. Morgan signed an agreement to acquire Renovite Director of Sales Elizabeth Rucker, Director of Client
Technologies, Inc. (Renovite), a leading cloud-native Success Olivia Hall and Director of Marketing and Sales
payments technology company. The strategic acqui- Enablement Shannon McCann all came to VizyPay from
sition of Renovite is expected to help J.P. Morgan outside the payments space, starting out as sales partner
Payments build its next-generation merchant acquiring recruiters and distinguishing themselves through hard
platform, bolster the firm’s payments modernization work and leadership skills, the company noted. In her
strategy and support its journey to the cloud. Upon clos- new role, Rucker oversees three divisions—the sales
ing of the transaction, Renovite will become part of J.P. partner, account manager and sales support depart-
Morgan Payments. Founded in 2015, Renovite focuses ments—and provides them with the training, resources
on cloud-native technology and has built six proprietary, and creative strategies to consistently meet and surpass
cloud-agnostic and payment token agnostic payments sales objectives.
products to help clients optimize infrastructure, J.P.
Morgan stated. In her new position, Hall is building out VizyPay’s
client success department from scratch with the goal
WPP to acquire Newcraft of improving customer service, satisfaction and client
retention. Hall and her team serve to proactively and
WPP reported it will acquire Newcraft, a data-first ecom- prescriptively guide customers, both merchants and
merce consultancy based in the Netherlands. Newcraft sales partners, to succeed with VizyPay’s product and
unlocks business opportunities for its global clients by service offerings. McCann oversees all branded content,
combining transformation strategy with operational guides public relations and marketing communication
commerce expertise to deliver growth and tangible strategies, executes campaigns to drive quality lead gen-
business results, WPP stated, adding that Newcraft will eration, creates content and tools for sales enablement,
join its Wunderman Thompson global network, comple- and raises awareness for VizyPay’s founding pillars of
menting a well-established commerce and marketing transparency, culture and advocacy for small businesses.
services teams in Northern Europe. The acquisition,
WPP noted, will strengthen its digital commerce capa- Sift Welcomes Mary Writz
bilities and reflects the company’s ongoing investment
into its commerce offer for clients as consumer needs Sift, a provider of digital trust and safety, appointed
continue to change. Mary Writz as its senior vice president of product. With
over 20 years of experience in building and scaling
APPOINTMENTS cybersecurity solutions, Writz will lead Sift’s product
strategy and development to help businesses secure
every stage of the customer journey. Writz joins Sift after
Ranqx appoints John Horner four years at identity management company ForgeRock,
where she led the consumer identity product organiza-
Specialist fintech firm Ranqx appointed retired banker tion and helped the company through an IPO. Prior to
John Horner as chairman of its board of directors. Former ForgeRock, Writz held product leadership positions at
treasurer and chief investment officer of JPMorgan Hewlett Packard and IBM where she focused on threat
Chase, Horner, held a succession of senior leader- detection, machine learning, security intelligence and
ship roles there from 2002, with significant responsi- targeted attack protection.
bilities such as managing JPMorgan's $3 trillion balance

15